JPMorgan plans trigger jump notes with 28% upside linked to Facebook

By Susanna Moon

Chicago, Nov. 14 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger jump securities due Dec. 5, 2018 linked to the class A common stock of Facebook, Inc., according to an FWP with the Securities and Exchange Commission.

If the stock finishes at or above its initial level, the payout at maturity will be par of $10 plus the upside payment of 28%.

Investors will receive par if the stock falls by up to 20% and will be fully exposed to any losses if the stock finishes below the 80% trigger level.

The notes will be guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

The notes will price on Nov. 30.

The Cusip number is 48128P647.

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